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1 of 5 With respect to an entity's control environment, what would likely cause a lack of adherence to standards of conduct? OA board of
1 of 5 With respect to an entity's control environment, what would likely cause a lack of adherence to standards of conduct? OA board of directors that prondes impartial oversight of senior management's adherence to standards O An inability to report improper conduct O Penalties for improper conduct that are consistently applied O Channels by which employees can safely voice questions and concems 2 of 5 Relating to an entity's control enwronment, with what are excessive pressures most commonly associated? O Increased emphasis on long-term goals such as corporate sustainability O Imbalances between rewards for short-term financial performance and those for long-term focused stakeholders O Common objectives of different stakeholders O Achievable performance targets 3 of 5 What would be an appropriate way for an organization to address at least one point of focus from the principle "demonstrates a commitment to integrity and ethical values"? O Defining authority at different levels of management O Defining the role of internal auditors O Establishing policies and procedures for meetings between the board of directors and management O Developing processes to report and promptly act on deviations from standards of conduct 4 of 5 Hangar Co. has a documented matrix reflecting assignments related to internal control tasks. To what principle does this relate? O Exercises owersight responsiblity O Conducts ongoing or separate evaluations (or both) O Establishes structure, authority, and responsibility O Demonstrates commitment to integrity and ethical values 5 of 5 Which is a board oversight activity specific to the Risk Assessment component of internal control? O Commissioning board oversight effectiveness revews and addressing opportunities for improvement O Overseeing the definition of and applying the standards of conduct of the entity O Reviewing and discussing information with respect to the entity's achievement of objectives O Evaluating how proactively the entity assesses risks relating to innovations and changes
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